Holding(s) in Company <Origin Href="QuoteRef">VAST.L</Origin>

Vast ResourcesAnnouncement

11/01/2016 17:10

                                                                                                                                                                                       
  TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i                                                                                                                                        
                                                                                                                                                                                        
  1. Identity of the issuer or the underlying issuer                                                                               Vast Resources Plc                                     
  of existing shares to which voting rights are                                                                                                                                           
  attached: ii                                                                                                                                                                            
  2 Reason for the notification (please tick the appropriate box or boxes):                                                                                                               
  An acquisition or disposal of voting rights                                                                                                                                 YES         
  An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached                        
  An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments                                                                             
  An event changing the breakdown of voting rights                                                                                                                                       
  Other (please specify):                                                                                                                                                               
  3. Full name of person(s) subject to the                                              Crede CG III Ltd                                                                                  
  notification obligation: iii                                                                                                                                                            
  4. Full name of shareholder(s)                                                                                                                                                        
   (if different from 3.): iv                                                                                                                                                            
  5. Date of the transaction and date on                                                08/01/2016                                                                                        
  which the threshold is crossed or                                                                                                                                                       
  reached: v                                                                                                                                                                              
  6. Date on which issuer notified:                                                     11/01/2016                                                                                        
  7. Threshold(s) that is/are crossed or                                                3%, 4%, 5%, 6%, 7%, 8%                                                                            
  reached: vi, vii                                                                                                                                                                        
  8. Notified details:                                                                                                                                                                                                                    
  A: Voting rights attached to shares viii, ix                                                                                                                                                                                            
  Class/type of                       Situation previous                                                         Resulting situation after the triggering transaction                                                                     
  shares                              to the triggering                                                                                                                                                                                   
  if possible using the ISIN CODE     transaction                                                                                                                                                                                         
  Number                                                     Number                                   Number                Number of voting                         % of  voting rights x                                     
  of                                                         of                                       of shares             rights                                                                                              
  Shares                                                     Voting                                                                                                                                                             
                                                             Rights                                                                                                                                                             
  Direct                                          Direct xi             Indirect xii    Direct                              Indirect                 
  GB00B142P698                        0                                 0                                        156,250,000           156,250,000                   0              8.6%                               0                  
                                                                                                                                                                                                                                         
  B: Qualifying Financial Instruments                                                                                                                                                                                                     
  Resulting situation after the triggering transaction                                                                                                                                                                                    
  Type of financial                                          Expiration                 Exercise/                                                     Number of voting                                       % of voting                  
  instrument                                                 date xiii                  Conversion Period xiv                                         rights that may be                                     rights                       
                                                                                                                                                      acquired if the                                                                     
                                                                                                                                                      instrument is                                                                       
                                                                                                                                                      exercised/ converted.                                                               
                                                                                                                                                                                                                                     
                                                                                                                                                                                                                                         
  C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                                                                                                       
  Resulting situation after the triggering transaction                                                                                                                                                                                    
  Type of financial                               Exercise price        Expiration date xvii          Exercise/                        Number of voting rights instrument refers to               % of voting rights xix, xx            
  instrument                                                                                          Conversion period xviii                                                                                                             
                                                                                                                                                                                             Nominal                       Delta    
                                                                     
                                                                                                                                                                                                                                         
  Total (A+B+C)                                                                                                                                                                                                                           
  Number of voting rights                                                                                                   Percentage of voting rights                                                                                   
  156,250,000                                                                                                               8.6%                                                                                                          
  9. Chain of controlled undertakings through which the voting rights and/or the  
  financial instruments are effectively held, if applicable: xxi           
  N/A                                                                     
                                                                          
  Proxy Voting:                                                            
  10. Name of the proxy holder:                                 N/A        
  11. Number of voting rights proxy holder will cease           N/A        
  to hold:                                                                 
  12. Date on which proxy holder will cease to hold             N/A        
  voting rights:                                                           
                                                                          
                                   None                                    
  13. Additional information:                                              
  14. Contact name:                Victoria MacLeod                        
  15. Contact telephone number:    0207 577 3446